4/4/2026, 5:00:04 pm

Dalal Street faces crucial test at 21,700

Nifty 50 ended the week down 0.47%, breaching key supports and trading below its 50- and 100-week moving averages. It is nearing the 200-week MA around 21,700. Markets may stay cautious, with resistance at 23,000–22,480 and support at 22,000. A sustained break below 22,000 could trigger a deeper correction.